Europe Underwater Communication System Market Size, Share & Industry Trends Analysis Report By Component (Hardware, Software, and Services), By Application, By End User, By Connectivity (Wireless and Hardwired), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Underwater Communication System Market would witness market growth of 9.7% CAGR during the forecast period (2022-2028).
The physical size is reduced in the laboratory experiment of the underwater communication system, which makes it distinct from the real ocean environment. However, the similarity between experimental water and natural water is unreliable, just like the similarity in frequency domain characteristics. Artificial scattering agents have been trained to replicate underwater optical communication channels under various water quality conditions for a number of decades.
The transmission characteristics of underwater communication system signals under alignment environments are difficult to obtain within the natural seawater environment due to the alignment issue brought on by uncertainty in the position of the receiver and transmitter poor mechanical stability, and the complexity of the water environment.
There are two categories of underwater communication, namely, hardwired and wireless. In a hardwired connection, data is transmitted by cable. Hardwired communications, similar to a landline phone, offer the best and most reliable underwater communications because they minimize the effects on the environment. Wireless communication employs the use of water to transmit data. For underwater exploration, environmental monitoring, and data collection for science, underwater wireless communications are utilized.
The marine sector is rising at an exponential rate in regional counties, especially in the United Kingdom. According to the Government of the United Kingdom, the maritime industry in the UK has remarkable characteristics, but in light of increasingly intensifying competition, it is crucial that both business and government in the UK work together more effectively to obtain contracts abroad. Therefore, with the increasing focus of the government as well as the market players operating in the region on expanding the marine sector of the country, the demand for underwater communication systems would rise.
The Germany market dominated the Europe Underwater Communication System Market by Country in 2021; thereby, achieving a market value of $391.1 million by 2028. The UK market is experiencing a CAGR of 8.8% during (2022 - 2028). Additionally, The France market is exhibiting a CAGR of 10.5% during (2022 - 2028).
Based on Component, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Environmental Monitoring, Climate Monitoring, Hydrography, Oceanography, Pollution Monitoring, and Others. Based on End User, the market is segmented into Scientific Research & Development, Marine, Military & Defense, Oil & Gas, and Others. Based on Connectivity, the market is segmented into Wireless and Hardwired. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thales Group S.A., Kongsberg Group, Saab AB, L3Harris Technologies, Inc., Teledyne Technologies, Inc., Ultra-Electronics Holdings plc, Sonardyne International Ltd., DSPComm, Undersea Systems International, Inc. and Sea and Land Technologies Pte Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Environmental Monitoring
- Climate Monitoring
- Pollution Monitoring
By End User
- Scientific Research & Development
- Military & Defense
- Oil & Gas
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Thales Group S.A.
- Kongsberg Group
- Saab AB
- L3Harris Technologies, Inc.
- Teledyne Technologies, Inc.
- Ultra-Electronics Holdings plc
- Sonardyne International Ltd.
- Undersea Systems International, Inc.
- Sea and Land Technologies Pte Ltd.
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